News

Inaugural Malaysia-Singapore Cross-Border Renewable Energy Trade Set To Begin In December 2024

The first phase of Cross-border Renewable Energy (RE) trading from Malaysia to Singapore with a total capacity of 50MW is set to commence in December 2024. A signing ceremony for the Renewable Energy Supply Agreement (RESA) between Tenaga Nasional Berhad (TNB) and Sembcorp Power Pte Ltd (Sembcorp Power), was held today at the Ministry of Energy Transition and Water Transformation (PETRA), witnessed by representatives from both governments.

This pioneering supply of green electricity from Malaysia to Singapore follows a bidding process conducted by the government through Energy Exchange Malaysia (ENEGEM) in June 2024. The ENEGEM enables the purchase and delivery of green electricity from Malaysia’s power supply system to Singapore through a competitive auction process. TNB, as the national utility company, will supply the electricity to Singapore through Sembcorp Power utilising the existing interconnection network between the two countries.

The auction via ENEGEM forms part of PETRA’s initiative under the Cross- Border Electricity Sales for Renewable Energy Scheme (CBES RE). This scheme will be rolled out in phases, utilising the existing interconnection network between Malaysia and Singapore, with a total capacity of 300MW.

The implementation of CBES RE aligns with Malaysia’s energy transition aspirations and its commitment to advancing regional electricity supply integration through the ASEAN Power Grid, which will be among the key priorities for Malaysia’s ASEAN Chairmanship in 2025.

MINISTRY OF ENERGY TRANSITION AND WATER TRANSFORMATION 9 DECEMBER 2024

Adib Mohd

Recent Posts

30 Years, One Icon: Three Decades of Magic with Dato’ Sri Siti Nurhaliza Live in Concert This July!

Fans of Dato’ Sri Siti Nurhaliza are in for an extraordinary treat as Malaysia’s most… Read More

1 day ago

AEON Launches Reforestation Project In Segamat To Continue Legacy Of Malaysia-Japan Friendship Forest

Building on the success of the Malaysia-Japan Friendship Forest Programme in Bidor, Perak, AEON is… Read More

1 day ago

A Milestone Celebration: 20 Years of the World’s Biggest Duathlon

The highly anticipated POWERMAN Malaysia celebrated its 20th anniversary milestone this year, with OMODA |… Read More

1 day ago

Ready or Not, Here Comes the Final Chapter of Squid Game and YOU Can Be A Part of History

Ready or Not, Here Comes the Final Chapter of Squid Game and YOU Can Be… Read More

1 day ago

Students Donate 5,000 Clothes with UNIQLO to Help Refugee Youth

What happens when a global fashion brand teams up with a school full of big-hearted… Read More

1 day ago

Shopee’s 7.7 Squad Pulls Up: 2,000 Affiliates, 80 Brands & One Big Mission “Shop Lagi Murah, Lagi Cepat”

Picture this: 2,000 creators. 80+ brands. One giant house party for all things content, community,… Read More

1 day ago

This website uses cookies.